Business US

Yen hits roughly 6-week high against dollar on intervention speculation

Markets

Gains continue after reports of rate check by Federal Reserve

Speculation over the possibility of an intervention to support the yen continued at the start of the Japan trading week. © Reuters

Nikkei staff writers

January 26, 2026 08:28 JST

TOKYO — The yen gained against the dollar in early trading here Monday, touching the 154 level for the first time since Dec. 17 after reports that U.S. authorities had taken a preliminary step toward intervening to support Japan’s currency.

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